Answer: The standard error of the sample proportion is given by:
SE = sqrt(p*(1-p)/n)
where p is the population proportion and n is the sample size.
For the first sample, the standard error is:
SE1 = sqrt(0.45*(1-0.45)/500) = 0.0284
For the second sample, the standard error is the same:
SE2 = sqrt(0.45*(1-0.45)/500) = 0.0284
The margin of error is given by:
ME = z*sqrt(SE1^2 + SE2^2)
where z is the z-score corresponding to the desired confidence level. For a 95% confidence level, z = 1.96.
ME = 1.96*sqrt(0.0284^2 + 0.0284^2) = 0.0556
The two sample proportions can be less than 3 percentage points apart if the difference between them is less than 0.03:
|p1 - p2| < 0.03
The probability of this occurring can be calculated by finding the area under the normal distribution curve between -0.03 and 0.03, centered at the mean of the difference in sample proportions:
P(|p1 - p2| < 0.03) = P(-0.03 < p1 - p2 < 0.03)
mean = 0
standard deviation = sqrt(SE1^2 + SE2^2) = 0.0399
z = 0.03 / 0.0399 = 0.7519
Using a standard normal distribution table or calculator, we can find the probability to be approximately 0.229.
Therefore, the probability that the two sample proportions are less than 3 percentage points apart is approximately 0.229.
Explanation: